Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect EURUSD to trend downwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > -35
Historical events that allowed us to draw this conclusion
24 Feb 00:01 |
16 Dec 00:01 |
20 Oct 23:01 |
21 Jul 23:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
